Government Objected in New York to Bainbridge's Request for Shares of Airlines and National Bank
2 Articles
2 Articles
The Government filed a brief with the head judge of the Southern District Court of New York, Loretta Preska, with the aim of preventing the handing over of shares of Aerolíneas Argentinas and Banco Nación to a vulture fund, which has a favorable sentence against the country close to USD 100 million. The lawsuit was filed last September by the Bainbridge company, which has a ruling in its favor of 2020 for USD 95 million by the 2001 default. The …
The government made a presentation to the U.S. Justice to stop Bainbridge's case, the fund that claims the delivery of shares of Aerolíneas Argentinas and Banco Nación as part of the execution of a sentence handed down in its favor. The brief was addressed to the court of the Southern District of New York, where the lawsuit related to the decision obtained by the firm in the context of the 2001 default was processed. The case incorporated the de…
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